The Blockchain Group (ALTBG), a company that quotes in Paris focused on decentralized data intelligence and technologies, has issued 63.3 million euros ($ 71.9 million) in convertible bonds to promote its Bitcoins its Bitcoins.
Treasury strategy.
This financing, executed through its subsidiary of Luxembourg, highlights a significant impulse to expand the company’s BTC reserves and reinforce its investor base.
A key component of the agreement includes a bonus called BTC of $ 5.7 million signed by Moonlight Capital, issued with a 30% premium on the closing price of May 23 ($ 4.3/action).
The company also ended the exercise of all rights for B-02 convertible bonds (“OCA tranche 2”) initially reserved for strategic investors Fulgur Ventures and Utxo Management at $ 0.79/Action, totaling $ 66 million.
In particular, the investor Adam Back has turned all its OCA tranche 1 bonds into 14.88 million shares, reinforcing the long -term alignment with the company’s vision. These capital tickets are expected to finance the acquisition of 590 BTC, which potentially increases the holdings of the Blockchain group to approximately 1,437 BTC.
